buy limit order


An order to a broker to buy a specified quantity of a security at or below a specified price (called the limit price).

Use buy limit order in a sentence

They had a buy limit order and we all had to work with them to get it filled, or we would find ourselves in trouble.

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The client was concerned about his broker's optimistic trading strategy, so he told him to put in a buy limit order so he capitalize on the market going down for his next purchase.

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After watching the stock price of the company rise and fall for several months, the investor decided to ask his broker to implement a buy limit order on his account to ensure that his shares were bought at a time when the price per share reached its lowest point.

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bracketed sell order away from the market